SEC, Binance face tough questions from judge in landmark crypto case

Court transcripts from SEC v. Binance Holdings, Inc, et. al. have begun to appear, revealing that arguments central to the crypto space are now being actively discussed in U.S. courts. U.S. District Judge... Read more »

White hat hacker exploits Hashflow for $600K, seemingly just to return funds

Multi-chain trading platform Hashflow said on June 14 that it suffered an incident affecting hundreds of thousands in funds. $600K affected Hashflow did not explicitly confirm that it had been attacked but... Read more »

Bahamian court orders review of US charges filed after SBF’s extradition

Sam Bankman-Fried (SBF) won a small victory in a Bahamian court on June 13. The court temporarily blocked the Bahamas attorney general from consenting to charges added to SBF’s U.S. indictment after... Read more »

Genesis Trading files updated reorganization plan

Genesis Capital filed an updated reorganization plan on June 13, days after the bankruptcy court extended mediation talks with relevant stakeholders to August 2. It is an updated version of the initial... Read more »

Australian payments firm Novatti expands its AUDD stablecoin to XRP Ledger

Australian payments fintech Novatti Group Limited has expanded its Australian dollar-backed stablecoin AUDD to XRP Ledger, according to a press release shared with CryptoSlate. AUDD, which was first launched in November 2022... Read more »

Polygon Labs announces Polygon 2.0

Polygon Labs, the developer of leading Ethereum Layer 2 scaling solution Polygon, has announced the rollout of Polygon 2.0, a significant upgrade designed to establish the network as the “value layer of... Read more »

Coinbase CEO says crypto industry needs clarity, either from Congress or case law

The U.S. crypto industry needs regulatory clarity, which can only come from Congress or through case law, Coinbase CEO Brian Armstrong told The Wall Street Journal. Armstrong said there’s an ongoing power... Read more »

North Korean hackers used shadow IT workers to carry out crypto heists

North Korea has built a shadow workforce consisting of thousands of IT workers, according to U.S. officials. This shadow workforce is linked with North Korea’s cybercrime operations and is used to carry... Read more »

Bitcoin, Ethereum, Tether dominance rises as cybersecurity & fan tokens defy markets

Bitcoin dominance is rising as crypto investors attempt to decipher the impact of the recent SEC lawsuits against Coinbase and Binance. Investors appear to be converting tokens proposed as securities by the SEC... Read more »

Why the SEC should never touch crypto again [Part 2]

In the first part of this series, I discussed the U.S. Securities and Exhange Commission’s recent charges against Coinbase and Binance, their inability to properly regulate the crypto industry, the history of... Read more »